Equities research analysts predict that Victory Capital Holdings Inc (NASDAQ:VCTR) will post $0.42 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Victory Capital’s earnings. The lowest EPS estimate is $0.37 and the highest is $0.44. Victory Capital posted earnings per share of $0.41 in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.4%. The business is expected to issue its next quarterly earnings report on Tuesday, August 6th.
On average, analysts expect that Victory Capital will report full year earnings of $2.34 per share for the current fiscal year, with EPS estimates ranging from $2.15 to $2.62. For the next financial year, analysts anticipate that the company will report earnings of $3.64 per share, with EPS estimates ranging from $3.35 to $3.98. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover Victory Capital.
A number of equities analysts recently issued reports on VCTR shares. Zacks Investment Research lowered shares of Victory Capital from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 30th. Morgan Stanley set a $15.00 target price on shares of Victory Capital and gave the company a “buy” rating in a research report on Friday, February 8th. ValuEngine upgraded shares of Victory Capital from a “sell” rating to a “hold” rating in a research report on Friday, February 8th. Sandler O’Neill reiterated a “buy” rating on shares of Victory Capital in a research report on Friday, March 15th. Finally, B. Riley started coverage on shares of Victory Capital in a research report on Wednesday, March 27th. They issued a “buy” rating and a $20.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $14.94.
VCTR traded up $0.77 on Friday, reaching $17.01. The company had a trading volume of 1,520 shares, compared to its average volume of 97,179. The firm has a market capitalization of $1.04 billion, a PE ratio of 11.74 and a beta of 2.03. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.59. Victory Capital has a one year low of $7.27 and a one year high of $17.00.
About Victory Capital
Victory Capital Holdings, Inc, together with its subsidiaries, operates as an independent investment management company in the United States. It offers investment advisory, fund administration, and distribution services through broker-dealers, retirement platforms, and registered investment advisor networks.
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